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Dollar Collapse - America, A Country Living On IOU's - Peter Schiff -Part 1 - America Is Finished

Peter Schiff explains how America is a consumer based economy. We are giving the world worthless paper to buy Plasma Television Sets and SUV's. Freddie Fannie Mae Bailout. Lehman Brothers Holdings...  
 
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GrowABrainstem (5 days ago) Show Hide
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"Historical 'gold standards', distant economic history, is largely irrelevent... the usa of today & the usa of yesteryear are TOTALLY different."

Nothing is ever "different". Everything is always the same, and fails for the same fucking reasons. Learn from history. Grow a brainstem.

"the usa cannot go back on a gold standard because "it has no gold""

Then perhaps you better start getting your hands on some, bud.
smallrossy (5 months ago) Show Hide
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america is fucking shite fat fucking loser
kkklownknight6699 (5 months ago) Show Hide
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Saying it's socialism is ridiculous.

This term is often thrown around by American Nationalists who believe all the right wing propaganda.

The raw definition of Socialism is a system that benefits society at large. These bailouts are the result of corporate and government collusion, For instance Goldman Sachs donated large amounts to both candidates and so did AIG therefore they were entitled to bailouts.
30percentplusreturns (4 months ago) Show Hide
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Exactly. Its not socialism, its fascism, which means everything is state owned. Even the media is owned and controlled.
kkklownknight6699 (4 months ago) Show Hide
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It's important to understand that Socialism is a very broad term encompassing many different movements that don't neccesarily agree with each other.
flangelet (6 months ago) Show Hide
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Americans are typically dumb enough to equate 'socialism' to 'communism' just like it's possible to equate 'band aid' to 'amputation'!
flangelet (6 months ago) Show Hide
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Most citizens of the usa, the 'dumb masses', are afraid of whatever they're TOLD to be afraid of by their tv. They don't know what socialism is, don't care that they don't know and don't ask 'why?'.

They do as they're told by some face on their tv & that's good enough for them.

The UK is a socialist country & to most of them, that's as near as damn it 'communism'. Those chumps will never understand. We just laugh at them & get on with our nice peaceful lives in our nice beautiful country.
flangelet (6 months ago) Show Hide
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Historical 'gold standards', distant economic history, is largely irrelevent... the usa of today & the usa of yesteryear are TOTALLY different.

I get tired of explaining this to dummies, but yet again I have to... the usa cannot go back on a gold standard because "it has no gold" of a

significant quantity and the amount of gold in the ENTIRE world wouldn't underpin even a small portion of the world trade that takes places EACH DAY!

A dollar collapse will help me but cripple you.
dualaroma (6 months ago) Show Hide
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there are people that want the country to fail, they are out numbered, bless them to try but it will not help.
Greig1424 (6 months ago) Show Hide
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sounds like a good plan to me

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